Industry Update
Press Release11 January 2022

STR: London hotel occupancy fell in December amid latest COVID concerns

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LONDON - Amid increased COVID-19 cases, London’s hotel industry reported lower occupancy but higher room rates, according to preliminary December 2021 data from STR.

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  • Occupancy: 53.4%
  • Average daily rate (ADR): GBP153.63
  • Revenue per available room (RevPAR): GBP82.08

The occupancy level was the lowest in the market since July 2021. A month earlier in November, London’s 66.3% occupancy level was the highest in the market since February 2020 (76.1%). The December ADR level, however, was the market’s highest since December 2019.

When looking at daily data, London’s hotel occupancy came in at 53.2% on 31 December 2021. That was up from the same day in 2020 (17.7%) but substantially lower than 2019 (91.7%).

All of STR’s COVID-19 analysis can be found here.

About STR

STR provides premium data benchmarking, analytics and marketplace insights for the global hospitality industry. Founded in 1985, STR maintains a presence in 15 countries with a corporate North American headquarters in Hendersonville, Tennessee, an international headquarters in London, and an Asia Pacific headquarters in Singapore. STR was acquired in October 2019 by CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces. For more information, please visit str.com and costargroup.com.

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Rebeca Vélez Mínguez
Communications Executive
Phone: +44 203 890 0056 ext. 0056
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